04-04-2022, 10:21 AM
(04-04-2022, 09:48 AM)sgbuffett Wrote: Brokerages is a middleman business.
They are making a crazy amount of commission when worldwide the trend to zero commission is gathering pace.
In US and HK already common to have zero commission.
New players like moomoo and tiger undercut old players. So far only Poems has responded with good deals with Cashplus account.
Stock brokers also need to earn a living. If 0 commission, they eat grass? Crypto brokerages also have commission lor.